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Willis Global in wide-ranging restructure
A significant overhaul of Willis Global's operating structure will streamline the group's London-based global broking operations into three major profit centres.
06 June 2012
Insurers seek return in money markets and non-Euro safe havens
Insurers are looking to the money markets, emerging markets and non-Euro safe havens to de-risk as the Eurozone crisis deepens, according to insurance asset management experts.
06 June 2012
AMI to return to the market with smaller treaty
New Zealand insurer AMI will buy a standalone catastrophe programme this year despite its acquisition by Australian insurer IAG, The Insurance Insider understands.
06 June 2012
Marsh appoints Mark Weil as UK CEO
Mark Weil has moved across from sister company Oliver Wyman to take up the reins at Marsh Ltd, the global broker's UK and Ireland operation.
06 June 2012
S&P proposes changes to ratings methodology
Standard & Poor's (S&P) has proposed a change to the way it assesses the creditworthiness of insurance companies.
06 June 2012
S&P says current market will differentiate winners and losers
Ratings agency Standard & Poor's (S&P) says the reinsurance industry has emerged strongly from the catastrophe losses of 2011.
06 June 2012
Atradius also blocks cover for new exporters to Greece
Big three trade credit insurer Atradius has joined its peers Euler Hermes and Coface in ceasing to offer cover for new exporters to Greece.
06 June 2012
Generali’s shares leap 10% after CEO is ousted
The share price in Italian powerhouse Generali is now up 10 percent following the weekend ousting of CEO Giovanni Perissinotto by disaffected shareholders.
06 June 2012
Florida volatility eases as reinsurance rates edge up at 1.6
Reinsurance pricing volatility lessened for the Florida renewals this year but variation among reinsurer quotes still remained above the levels experienced in the softer 2009 and 2010 years, according to Guy Carpenter.
06 June 2012
RenRe and Validus bring sidecar capacity to Florida renewals
RenaissanceRe and Validus Holdings continued their sidecar track record with new collateralised reinsurance vehicles writing business at the 1 June Florida renewals.
06 June 2012
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